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10th Dec 2024 18:56UKDaily Monitor

  • Tobacco duties and base effects will drive up CPI inflation to 2.6% in November, from 2.3% in October.
  • CPI services inflation should tick up to 5.1% in November, above the MPC’s 4.9% forecast.
  • We see upside risk to our forecasts for airfares and accommodation services.

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Keywords for: 11 December 2024 UK Monitor CPI preview: duties and goods to raise inflation to 2.6% in November

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence